American start-up Last Energy has received a letter of interest from the Export-Import Bank of the United States (EXIM), confirming the bank’s willingness to move forward with due diligence for $103.7 million in financing for the company’s project in southern Wales.

Startup company Last Energy has announced power purchase agreements for 34 units of its 20-MWe nuclear power plants with four industrial partners in Poland and the United Kingdom. In total, according to the company, the deals represent more than $18.9 billion in electricity sales.